Employee Benefits Underwriting Consultant
Sun Life
Associate Director, Pricing & Underwriting
Sun Life
full-time
Posted on:
Location Type: Hybrid
Location: Hartford • Connecticut, Montana, Tennessee • 🇺🇸 United States
Visit company websiteSalary
💰 $108,900 - $163,400 per year
Job Level
Senior
About the role
- manages the pricing methodology for different business segments
- recommending and establishing Target Loss Ratios for different business segments
- providing analysis and pricing recommendations to current and new product initiatives
- collaboration with other departments in support of pricing
- coordinating and providing actuarial services to all business units
- implementation of current business and new business to ensure correct benefits and rates
- management and development of direct reports to support governance and objectives set by the organization
- collaboration with Business Units and Core Operational Areas in providing financial risk analysis
- supporting key initiatives by collaborating with business owners, users and information technology operations
- documents, monitors, and develops training materials and delivers training of departmental staff
- coaches, mentors, and directs the development of the underwriting team to ensure high service quality and proficiency
- collaborates with Product Teams in the design, pricing, and implementation of new products
- fulfills all departmental projects and initiatives by coordinating and communicating with staff, directors and executives
Requirements
- BA/BS degree
- 10 years industry experience with a minimum of 5 years large group underwriting experience
- PC skills required, MS Windows environment
- MS Word, Excel, Access, other database tools, and automated underwriting system
- Comprehensive knowledge of the health insurance business and financials including but not limited to products, operations, risk assessments and financial performance metrics
- 5 years’ management experience, including hiring, managing, leading and developing staff
- Ability to accomplish goals through execution of business plans and underwriting strategies
- Strong problem solving, conflict resolution, planning and organizing skills
- Demonstrated sales, negotiation, communication and presentation skills
- A self-starter with good judgment, integrity, able to adapt to a fast-paced environment and multitask successfully
- Ability to manage multiple projects with changing priorities
- Proven teacher, coach, mentor and change leader
- Thorough knowledge of the latest underwriting policies and procedures
- Excellent written and oral communication skills.
Benefits
- generous vacation and sick time
- market-leading paid family, parental and adoption leave
- medical coverage
- company paid life and AD&D insurance
- disability programs
- partially paid sabbatical program
- 401(k) employer match
- stock purchase options
- employer-funded retirement account
- flexible, inclusive and collaborative work environment
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
underwritingpricing methodologyfinancial risk analysisrisk assessmentsfinancial performance metricsbusiness plansunderwriting strategiestraining developmentproject managementdata analysis
Soft skills
problem solvingconflict resolutionplanningorganizingcommunicationpresentationcoachingmentoringleadershipadaptability
